EXEC: CODI Faces Lawsuits, NYSE Action as it Addresses Subsidiary Irregularities

May 28, 2025

Compass Diversified (CODI), the parent of 5.11 Tactical, Boa and Primaloft, provided an update on Wednesday, May 28, on the steps it is taking to enhance liquidity and reduce costs in the wake of its earlier announcement that it is investigating, and has preliminarily identified irregularities in, the financing, accounting, and inventory practices at its subsidiary, Lugano Holding, Inc. SGB MEDIA